Posted: January 25, 2019
State leaders are now considering a proposal that would tax marijuana by weight, rather than an excise tax on the sale.
Posted: January 23, 2019
In a survey conducted earlier this month, 48 percent of the 1,063 NJCPA members who responded said legalizing adult-use marijuana in New Jersey would help the economy, compared to 22 percent who said it would have no impact and 20 percent who said it would hurt the economy.
Posted: January 14, 2019
The risks are lower than many accountants think - and the rewards are greater.
Posted: October 10, 2018
A dispensary owner becomes the first person sentenced for marijuana-related tax crimes.
Posted: August 10, 2018
Equipped with a specialized skill set and sophisticated financial knowledge, CPAs have the opportunity to enter a burgeoning market — projected to reach an economic impact of $70 billion in the U.S. by 2021 — where they can access a new realm of clients in dire need of their help, not to mention a substantial new source of revenue for their firms.
From the NJCPA Focus blog:
Accounting professionals in the U.S. have only begun to recently focus on the cannabis trade as more states legalize the use of marijuana for both medical and adult-use or recreational purposes. Here are seven due diligence tips for cannabis operators as they consider a potential sale of their business.
With his Jan. 16 inauguration, New Jersey Governor Phil Murphy brings a bold new agenda headlined by a desire to legalize marijuana for recreational use. Legislation has already been introduced in New Jersey. Find out what it means for CPAs.